Mitigating foreign-exchange risk on import payables through forward contracts
First written in FY2016. 17 of 18 entries say "Restated". Latest entry: FY2025.
30 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「当社グループは、資金運用については原則として預金等を中心として元本が保証されるか若しくはそれに準じる安定的な運用成果の得られるものを対象としております。デリバティブは、後述するリスクを軽減するために利用しており、投機的な取引は行わない方針であります。」
The company continues its policy of prioritising stable investment management, limiting derivatives to risk-reduction purposes and not engaging in speculative transactions. - FY2024RestatedAnnual report
「The company uses derivatives to reduce the risks described below and has a policy of not engaging in speculative transactions.」
The company continues its policy of limiting derivatives to reducing foreign exchange risk associated with import transactions and not engaging in speculative transactions. - FY2024-Q2RestatedAnnual report
「Among other factors, the derivative valuation loss arising from the fair value measurement of forward exchange contracts entered into to hedge foreign exchange risk associated with import transactions decreased from the same quarter of the previous year.」
The use of forward exchange contracts to hedge foreign exchange risk associated with import transactions continues to be described. - FY2021RestatedAnnual report
「当社グループは、資金運用については原則として預金等を中心として元本が保証されるか若しくはそれに準じる安定的な運用成果の得られるものを対象としております。デリバティブは、後述するリスクを軽減するために利用しており、投機的な取引は行わない方針であります。」
The company continues its policy of prioritising stable investment management, limiting derivatives to risk-reduction purposes and not engaging in speculative transactions. - FY2021-Q3RestatedAnnual report
「Forward exchange contracts entered into to hedge foreign exchange risk associated with import transactions」
The company continues to describe its policy of using forward exchange contracts to hedge foreign exchange risk associated with import transactions. - FY2021-Q2RestatedAnnual report
「During the six-month period ended the current second quarter, a derivative valuation loss arising from the fair value measurement of forward exchange contracts entered into to hedge foreign exchange risk associated with import transactions was recorded.」
The company continues to describe its policy of using forward exchange contracts to hedge foreign exchange risk associated with import transactions. - FY2020RestatedAnnual report
「当社グループは、資金運用については原則として預金等を中心として元本が保証されるか若しくはそれに準じる安定的な運用成果の得られるものを対象としております。デリバティブは、後述するリスクを軽減するために利用しており、投機的な取引は行わない方針であります。」
The company continues its policy of prioritising stable investment management, limiting derivatives to risk-reduction purposes and not engaging in speculative transactions. - FY2020-Q3RestatedAnnual report
「The derivative valuation gain arising from the fair value measurement of forward exchange contracts entered into to hedge foreign exchange risk associated with import transactions, as well as gains on sales of securities, increased significantly from the same quarter of the previous year.」
The use of forward exchange contracts to hedge foreign exchange risk associated with import transactions continues to be described. - FY2019RestatedAnnual report
「当社グループは、資金運用については原則として預金等を中心として元本が保証されるか若しくはそれに準じる安定的な運用成果の得られるものを対象としております。デリバティブは、後述するリスクを軽減するために利用しており、投機的な取引は行わない方針であります。」
The company continues its policy of prioritising stable investment management, limiting derivatives to risk-reduction purposes and not engaging in speculative transactions. - FY2019-Q3RestatedAnnual report
「The derivative valuation loss arising from the fair value measurement of forward exchange contracts entered into to hedge foreign exchange risk associated with import transactions decreased significantly from the same quarter of the previous year.」
The company continues to describe its policy of using forward exchange contracts to hedge foreign exchange risk associated with import transactions. - FY2018RestatedAnnual report
「当社グループは、資金運用については原則として預金等を中心として元本が保証されるか若しくはそれに準じる安定的な運用成果の得られるものを対象としております。デリバティブは、後述するリスクを軽減するために利用しており、投機的な取引は行わない方針であります。」
The company continues its policy of prioritising stable investment management, limiting derivatives to risk-reduction purposes and not engaging in speculative transactions. - FY2018-Q3RestatedAnnual report
「Forward exchange contracts entered into to hedge foreign exchange risk associated with import transactions」
The company continues its policy of using forward exchange contracts to hedge foreign exchange risk associated with import transactions. - FY2018-Q1RestatedAnnual report
「Forward exchange contracts entered into to hedge foreign exchange risk associated with import transactions」
The company continues its policy of using forward exchange contracts to hedge foreign exchange risk associated with import transactions. - FY2017RestatedAnnual report
「The derivatives consist of forward exchange contracts intended to reduce foreign exchange risk associated with foreign-currency-denominated operating liabilities.」
The company continues to limit the use of forward exchange contracts to reducing foreign exchange risk associated with foreign-currency-denominated operating liabilities and does not engage in speculative transactions. - FY2017-Q3RestatedAnnual report
「A ¥707 million derivative valuation gain arising from the fair value measurement of forward exchange contracts entered into to hedge foreign exchange risk associated with import transactions was recorded as non-operating income.」
The policy of using forward exchange contracts solely to hedge foreign exchange risk associated with import transactions remains in place, and a valuation gain has been recorded for the cumulative period through the current quarter. - FY2017-Q2RestatedAnnual report
「A ¥1,055 million derivative valuation gain arising from the fair value measurement of forward exchange contracts entered into to hedge foreign exchange risk associated with import transactions was recorded as non-operating income.」
The policy of using forward exchange contracts to hedge foreign exchange risk associated with import transactions remains in place. - FY2017-Q1RestatedAnnual report
「輸入取引に係る為替変動リスクをヘッジする目的で行っております為替予約取引に係る時価評価によるデリバティブ評価損」
The use of forward exchange contracts to hedge foreign exchange risk associated with import transactions continues to be described. - FY2016First statedAnnual report
「当社グループは、資金運用については原則として預金等を中心として元本が保証されるか若しくはそれに準じる安定的な運用成果の得られるものを対象としております。デリバティブは、後述するリスクを軽減するために利用しており、投機的な取引は行わない方針であります。」
デリバティブを投機目的ではなく、輸入取引に係る為替変動リスクの軽減目的に限定する方針を示している。